BLT owners 2011 budget (recap from mailing)

[rock_doctor]

Hi all,

I post this so those who may not get the proposed budget from DVC will know what is going on. Here is the 2011 budget. The owners meeting is December 9th at 1:30p (doors open at 12:30p) at the Contemporary Resort Convention Center. Please RSVP by going to the members website, member privileges section and click on member special events or calling 407-566-3844. All data is typed from the mailing as well as the RSVP directions.


Revenue:
Interest Income tax and Operating... 28.5k
Member late fees... 50.5k
Breakage Income... 442k
Member Annual Dues Assessment... $13,466,960...
Total Revenue and Income ... $13,988,087.

Costs:
Admin and Front Desk... 2.59M
Annual Audit ... 14k
DVC Reserv Component ... 30.9k
Fees to the Division ... 28.7k
Housekeeping ... 3.3M
Income Taxes ... 95.4k
Insurance ... 381k
Legal ... 1k
Maintenance ... 2.4M
Management Fee ... 1.632M
Member Activities ... 703k
Security ... 156k
Transportation ... 2.0M
Utilities ... 789k...
total operating expend... $13,988,087.

Thanks for reading.

 

[corpcomp]

I wonder what the $2 million in transportation cost is? ME?

 

[DVC Mike]

I wonder what the $2 million in transportation cost is? ME?

It's the cost of the WDW transportation system used bt the resort (busses, water taxis, monorail).

 

[ChiSoxKeith]

Thanks for posting the info. I haven't received my mailing as of yet.

Look at that number for breakag income. 442k. For all those people saying DVC should be charging people for the damage they do to the rooms, obviously they're doing that.

 

[erionm]

Thanks for posting the info. I haven't received my mailing as of yet.

Look at that number for breakag income. 442k. For all those people saying DVC should be charging people for the damage they do to the rooms, obviously they're doing that.

Breakage Income is from rooms unreserved by members at 60 days before check-in that are turned over to CRO for rental.

 

[walkdmc]

"Legal - 1k"

<<<snort>>>